Posted on July 31, 2012 AT 04:02am
Good news is such a rare thing in the video game industry right now. Seeing Capcom’s net profits for their second quarter- due mostly to the success of Dragons Dogma- gives me a good bit of hope in these times where even major companies like EA are reporting continuous loses that we may make it out of this. Here is a sample of the numbers from the recent Games Industry article on the topic that just brought a smile to my face.
“For the three-month period ending June 30 2012, the company posted revenues of ¥18.6 billion ($237m / £151m), a 55.8 per cent increase year-on-year. Net profits were ¥1.3 billion ($17m / £11m), a 290.2 per cent jump over the ¥338 million posted in the same quarter last year.
Capcom’s Digital Contents group, which covers its console, PC and digital products, accounted for the majority of income, reporting ¥13.7 billion ($175m / £111m) in revenue for the quarter – up 78.8 per cent.”
Almost a 300 per cent jump over last year’s profits at this time last year. Yeah, I’m sorry but for anyone that has looked at the current state of the gaming industry and seen only negativity and loss these last few years, this is a ray of much needed sunshine. Is this a sign that a recovery may be on the horizon for us? Who knows, but I’m certainly willing to hope.
Oh, and Dragons Dogma is getting a sequel as well if you haven’t figured that out yet.
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